Breakfast News Recap: Ukraine and Pakistan hit by deadly strikes as Japan and US step in on yen

Ukraine and Russia traded fresh strikes that officials said killed at least 14 people in total, with deaths reported in several regions on both sides and the toll still rising.  🔗

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In Russia's Vladimir region, a Ukrainian drone attack set fire to a Wildberries warehouse, adding to the damage from the latest round of cross border attacks.  🔗

Pakistan's Swat district was also hit by violence, after a suspected suicide bombing outside a police station in Kabal killed at least 14 people and wounded at least 18, with the Tehrik e Taliban Pakistan claiming responsibility.  🔗

In Greece, two firefighting helicopters collided while responding to a wildfire west of Athens, killing two crew members, while two others survived.  🔗

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Wildfires continued to strain emergency services on the mainland and islands, with evacuations ordered on Kefalonia and flames reported dangerously close to homes in western Attica, as helicopters and firefighters battled a fast moving blaze near Athens.  🔗  🔗

On the diplomatic front, Donald Trump said new talks with Iran are due to begin on Monday after he called off a planned large scale attack, even as his public stance on Tehran and the Strait of Hormuz has shifted repeatedly in recent days.  🔗  🔗 Iran separately said negotiations with Oman on a new maritime route through the Strait of Hormuz are in their final stages, a move that could affect one of the world's most sensitive shipping lanes.  🔗

In the Americas, Luiz Inacio Lula da Silva formally launched his bid for a fourth term as Brazil's president, framing the campaign around sovereignty and saying he is in great shape.  🔗 Venezuela and the Dominican Republic also agreed a roadmap to restore diplomatic relations after ties were severed over the disputed 2024 Venezuelan election.  🔗

Elsewhere, Cuba suffered another nationwide power grid collapse after the state utility reported a total disconnection of the national electricity system, while Australia moved to raise its proposed levy on big tech firms that do not strike content deals with news organisations.  🔗  🔗

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Japan and the United States confirmed a rare coordinated intervention in foreign exchange markets to buy yen and slow its decline, underscoring official concern over the currency's weakness.  🔗

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Asia Pacific markets were mixed, with Tokyo's Nikkei 225 surging 2.2% to 63,754.90 while Hong Kong advanced, but South Korea's Kospi slumped sharply.  🔗

European equities opened firmer, with the DAX, Euro Stoxx 50, CAC 40 and FTSE 100 all higher, while USD/JPY fell after the confirmed yen intervention and gold stayed near record style highs.  🔗

360LiveNews Recap 360LiveNews Recap | 03 Aug 2026 08:38 LONDON
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